After a brief show of quasi-unity during the Scottish referendum campaign, it is back to business as usual for the politicians with Labour starting off the conference season. The next general election is now about seven months away. So this … Continue reading →

HMRC have published details of ISA investments for the last tax year and they tell a strange story. ISAs, which became NISAs on 1 July 2014, have long been popular with savers, as the graph below demonstrates. What is surprising … Continue reading →

The European Central Bank (ECB) has an inflation target of “below, but close to, 2% over the medium term.” As of August 2014, annual inflation across the Eurozone was just 0.3%. Inflation has not been above 1% since September 2013 … Continue reading →

HMRC’s never-ending battle against tax evasion takes another turn. In April, HMRC announced a new proposal to counter offshore tax avoidance. To brighten the summer days for accountants, four months later HMRC issued a consultation paper fleshing out their ideas. … Continue reading →